GVL-TECHNICS
ActiveGVL-TECHNICS has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €611k and a net result of €59k. Equity is growing by ~28.6% per year across the filed fiscal years. Its solvency ranks better than 44% of 94 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.9% (low).
Checked score
Score 2025
55
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability63▲+14
Solvency52▲+2
Growth78▲+26
Track record100
Bankruptcy probability, 12 months
0.9%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €30k at 30 days acceptable
Liquidity tight (current ratio 1.31 against 1.32 in 2024; short-term debt: 72.8% and cash: 11.4% of total assets), and 73.4% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
26.6%
Return on assets
2.5%
Age of the figures
9 mo
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 80
Relative position
BE, all sectors
reference
Sector 80
lower
← fewer bankruptcies
more bankruptcies →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 03-07-2026, 28 days ahead of the deadline.
NBB · 6 filingsDeviation from the deadline
2025
28 d early
2024
51 d early
2023
28 d early
2022
31 d early
2021
30 d early
2020
29 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
23-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€611k▲ 10.1%
2024 · €555k
2020: €88k
2021: €89k
2022: €272k
2023: €543k
2024: €555k
2020 → 2025
Total assets
€2.30M▲ 4.8%
2024 · €2.19M
2020: €761k
2021: €1.31M
2022: €1.71M
2023: €2.14M
2024: €2.19M
2020 → 2025
Net result
€59k▲ 326%
2024 · €14k
2020: €43k
2021: €1k
2022: €183k
2023: €271k
2024: €14k
2020 → 2025
Working capital
€514k▲ 2.5%
2024 · €501k
2020: €-11k
2021: €36k
2022: €329k
2023: €577k
2024: €501k
2020 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€89k-€272k▲ 206%€543k▲ 99.5%€555k▲ 2.1%€611k▲ 10.1%
Operating result€8k-€257k▲ 3,191%€383k▲ 48.8%€48k▼ 87.6%€99k▲ 109%
Net result€1k-€183k▲ 16,776%€271k▲ 47.8%€14k▼ 94.9%€59k▲ 326%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 109% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €2.30M
Fixed assets
€111k▼ 16.0%
Current assets
€2.19M▲ 6.1%
Equity and liabilities €2.30M
Equity
€611k▲ 10.1%
Debt
€1.69M▲ 3.0%
The debt ratio falls from 74.7% to 73.4%. Equity and debt are higher.
Key figures and ratios
EBITDA
€139k▲
2024 · €110k
Cash flow
€98k▲
2024 · €76k
Solvency
26.6%▲
2024 · 25.3%
Current ratio
1.31▼
2024 · 1.32
Quick ratio
0.59▼
2024 · 0.60
Debt / equity
2.76▼
2024 · 2.95
ROE
9.6%▲
2024 · 2.5%
ROA
2.5%▲
2024 · 0.6%
Interest coverage
4.89▲
2024 · 3.59
Debt
€1.69M▲
2024 · €1.64M
Debt ≤ 1 year
€1.67M▲
2024 · €1.56M
Debt > 1 year
€12k▼
2024 · €77k
Income taxes
€23k▲
2024 · €11k
Staff costs
€1.20M▲
2024 · €1.08M
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€2.19M€2.30M▲
Fixed assets21/28€132k€111k▼
Tangible fixed assets22/27€132k€111k▼
Plant, machinery and equipment23€14k€20k▲
Furniture and vehicles24€53k€30k▼
Leasing and similar rights25€366-
Other tangible fixed assets26€65k€62k▼
Current assets29/58€2.06M€2.19M▲
Stocks and contracts in progress3€1.13M€1.20M▲
Stocks30/36€1.10M€1.20M▲
Contracts in progress37€31k-
Amounts receivable within one year40/41€582k€664k▲
Trade receivables40€443k€551k▲
Other amounts receivable41€140k€112k▼
Current investments50/53€51k€50k▼
Cash at bank and in hand54/58€302k€262k▼
Deferred charges and accrued income490/1-€10k
Equity and liabilities
Total equity and liabilities10/49€2.19M€2.30M▲
Equity10/15€555k€611k▲
Contributions10/11€45k€45k=
Reserves13€510k€566k▲
Distributable reserves133€510k€566k▲
Amounts payable17/49€1.64M€1.69M▲
Amounts payable after more than one year17€77k€12k▼
Financial debts170/4€77k€12k▼
Amounts payable within one year42/48€1.56M€1.67M▲
Current portion of amounts payable after more than one year42€162k€151k▼
Financial debts43€329k€318k▼
Credit institutions430/8€329k€318k▼
Trade debts44€761k€964k▲
Suppliers440/4€761k€964k▲
Taxes, remuneration and social security45€235k€167k▼
Taxes450/3€54k€52k▼
Remuneration and social security454/9€181k€115k▼
Other amounts payable47/48€72k€72k=
Accrued charges and deferred income492/3€2k€3k▲
Income statement
Code20242025
Remuneration, social security and pensions62€1.08M€1.20M▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€63k€40k▼
Other operating charges640/8€5k€6k▲
Gross operating margin9900€1.19M€1.34M▲
Operating profit (loss)9901€48k€99k▲
Financial income75/76B€7k€11k▲
Recurring financial income75€7k€11k▲
Financial charges65/66B€31k€28k▼
Recurring financial charges65€31k€28k▼
Non-recurring financial charges66B€72-
Profit (loss) for the period before taxes9903€24k€81k▲
Income taxes67/77€11k€23k▲
Profit (loss) for the period9904€14k€59k▲
Profit (loss) for the period to be appropriated9905€14k€59k▲
Appropriation of the result
Profit (loss) to be appropriated9906€14k€59k▲
Transfer to equity691/2€11k€56k▲
To other reserves6921€11k€56k▲
Profit to be distributed694/7€2k€2k=
Return on contributions (dividend)694€2k€2k=
Social balance
Average headcount (FTE)908715.416.6▲
The notes to these accounts (19 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
03-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
10-06
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
03-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial
Highest result since 2020net €271k ▲47.8%
Operating result €383k, net result €271k, both a record.
31-12
Financial
Equity above €500kEq €543k ▲99.5%
4 profitable years in a row build equity to €543k.
30-06
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-12
Financial
Equity above €200kEq €272k ▲206%
3 profitable years in a row build equity to €272k.
01-07
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-12
Financial
Weakest financial yearnet €1k ▼97.5%
Net result drops to €1k, the lowest in the series; recovery starts the following year.
02-07
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Heist-op-den-Berg · 1 establishment unit since 2019
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Kasteelstraat 2D2220 Heist-op-den-BergGround area
6,522 m²
Building footprint
1,858 m²
Volume, LiDAR
566 m³
2 parcels, Flanders · tallest building 10.7 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
GVL-TECHNICS
since 20192.294.228.756
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 12322I1386/00A000 | Flanders | 6,104 m² | 1 · 1,775 m² | - |
| 12322I0502/00N002 | Flanders | 418 m² | 1 · 83 m² | 10.7 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Flemish government
2022 to 2025 · 4 entries · 4,846 EUR awarded · 4,846 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 554 EUR | 554 EUR |
| 2024 | 1 | 944 EUR | 944 EUR |
| 2023 | 1 | 1,176 EUR | 1,176 EUR |
| 2022 | 1 | 2,172 EUR | 2,172 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Of 461 companies in sector 80090 we hold annual accounts for 260. 146 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded12-09-2019
Fiscal year end31-12
Activities, NACEBEL
43211General electrical installation work
80090Investigation and security activities
80200Investigation and security activities
62010Computer programming, consultancy and related activities
62020IT consultancy
62100Computer programming
62200Computer consultancy and computer facilities management
63100Computing infrastructure, data processing, hosting and related activities
63110Computing infrastructure, data processing, hosting and other information service activities
63920Other information service activities
63990Computing infrastructure, data processing, hosting and other information service activities
70200Business and other management consultancy
70220Business consulting
Sources
Crossroads Bank for EnterprisesNational Bank · 6 filingsAddress and cadastre registers
Data from official sources, last processed on 23-09-2026. Scores and ratios are computed by Checked and are not a credit decision.